What Exchange Absorbed FTX’s Trading Volume? Report Answers

What Exchange Absorbed FTX’s Trading Volume? Report Answers

In the wake of the FTX collapse, formerly the second-largest exchange in the world, its competitors are taking over its trading volume and market share. The nascent sector is still suffering the consequences of recent events; many crypto companies filed for bankruptcy or are in the process of raising emergency liquidity. 

The FTX’s fallout is taking its toll on the crypto market. Bitcoin, Ethereum, and other more prominent cryptocurrencies are trading in losses. No digital assets escaped the bloodbath recorded by the sector in the previous week. 

BNB’s price trends to the downside on the daily chart. Source: BNBUSDT Tradingview The FTX Demise Creates New Winners In The Crypto Industry?

Trending: If You See This on Your Car’s Windshield, Run and Call the Police

According to a report from analytics firm Messari, crypto trading venues saw a significant decline

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